EUR/AUD: Bullish perspective in the price action
Euro/Australian Dollar it's inside in this bullish channel
Now, in H4 timeframe, I believe that EUR/AUD could to down a little to $1.5080 AUD (Like 41 pips from the market price) Because in that point that I add my long position we could to see a bullish perspective lead main by fundamental news that Euro has good news in the France that President Emmanuel Macron lost the majority of the parliamentary election presidential. This it's look very optimistic against the politic decision and election.
I put a buy order limit to $1.5082 AUD. Stop Loss to $1.5022 AUD (50 pips) and target to $1.5270 AUD (190 pips)
Good luck!!!
Now, in H4 timeframe, I believe that EUR/AUD could to down a little to $1.5080 AUD (Like 41 pips from the market price) Because in that point that I add my long position we could to see a bullish perspective lead main by fundamental news that Euro has good news in the France that President Emmanuel Macron lost the majority of the parliamentary election presidential. This it's look very optimistic against the politic decision and election.
I put a buy order limit to $1.5082 AUD. Stop Loss to $1.5022 AUD (50 pips) and target to $1.5270 AUD (190 pips)
Good luck!!!
Trade closed: target reached:
We get 190 pips!!!
We're ok in EUR/AUD.
Keep this long position, we entry in the perfect point as I saw!!! Only move the break even to $1.5056 AUD from the price entry that for me was around $1.5082 AUD.
The price still in the upside
We're ok in this par